California Cap-and-Invest auction results reveal opportunity for stronger cap and faster pollution cuts
Caroline Jones
Results were released today for the February 18 auction for the joint California–Quebec Cap-and-Invest market, the first of the year and the first since the California Air Resources Board (CARB) published its initial plans for updating this cornerstone climate program. Today’s allowance prices, detailed below, signal lackluster demand and suggest there is ample room in ... The post California Cap-and-Invest auction results reveal opportunity for stronger cap and faster pollution cuts appeared fi